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Latest Ron Pinelli Stories

2009-06-22 12:40:22

The downturn in the U.S. auto market favors the little guys who do not need to sell as many cars to turn a profit, an industry analyst said Monday. Smaller companies can be profitable at a much smaller market size, selling to ... fewer numbers of people, Ron Pinelli, president of Autodata, told The New York Times. The current rate of sales -- about 10 million vehicles a year -- could explain a Hyundai and Kia jump in U.S. market share from 5 percent in 2008 to about 7.3 percent this year, the...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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